hsa commercial real estate brokers land sale for national city bank in elk grove village
June 2, 2005
(Chicago – June 2, 2005) Michael Havdala, senior vice president, and Shannon Pope, vice president, HSA Commercial Real Estate's retail brokerage division, represented National City Bank in the purchase of 29,256-square feet of vacant land at the NWC of Meacham and Butterfield in Elk Grove Village, Ill.
National City Bank plans to construct a retail branch banking facility on the property as part of its ongoing expansion in the Chicago market. Havdala and Pope are the bank's exclusive real estate representatives in the Chicago area and have previously negotiated 27 land sales and retail leases. The seller of the property was Bonnie Management of Oak Park, Ill.
National City Corporation (NYSE: NCC), headquartered in Cleveland, Ohio is one of the nation's largest financial holding companies. The company operates through an extensive banking network primarily in Ohio, Illinois, Indiana, Kentucky, Michigan, Missouri, and Pennsylvania, and also serves customers in selected markets nationally. Its core businesses include commercial and retail banking, consumer finance, asset management, mortgage financing and servicing, and payment processing.
Celebrating more than 24 years of excellence in commercial real estate, Chicago-based HSA Commercial Real Estate is a full-service real estate firm specializing in office, industrial, retail and health care real estate leasing, management, marketing, development and financing on a national basis. The firm and its principals have developed and acquired more than 30 million square feet of commercial real estate with total consideration in excess of $1.5 billion, its brokerage divisions have completed more than 6,500 transactions in over 30 states representing both owners and tenants, while the asset management division currently manages a property portfolio in excess of 18 million square feet.
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